Yen Rally Turns BOJ Rate Hike Into Takaichi’s Next Political Test
Prime Minister Sanae Takaichi entered the final stretch before the Bank of Japan’s September policy meeting facing a new version of the currency problem that has shaped her summer: the yen is no longer collapsing, but its sharp rebound is now forcing her government to explain how far it is prepared to tolerate higher interest rates to restore market confidence. (News On Japan)
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